Managing Salary Increases

In recent years executives and senior management have been the beneficiaries of regular annual adjustments to their fixed remuneration. These adjustments have been in response to the company’s preferred market position; the prosperity of the industry sector in which each company operates; the supply and demand for talent, (which has driven variable rates of adjustment at an occupational level, e.g. accountants, IT, engineering, HR and legal); and the general market movement which has been, amplified by low levels of unemployment.

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